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...year, and has already cut back production on its 1954 models. Nevertheless, Studebaker President Harold Vance, who feels that heavy dealer inventories will be worked off by the end of the first quarter, expects a sharp upturn in spring and total sales of at least 160,000 this year. Kaiser Motors is only in limited production for 1954, has made just minor changes in its three-car (Henry J, Kaiser, Aero Willys) line. Packard, which only face-lifted its 1954 cars but boosted horsepower (to 212), has a new V-8 engine in the works and a completely new body...

Author: /time Magazine | Title: Business: Answer from the Hustlers | 1/25/1954 | See Source »

...Joseph Washington Frazer. who formed Kaiser-Frazer Corp. (now Kaiser Motors Corp.) with Henry J. Kaiser in 1945, then stepped out of company operations when he split with Kaiser in 1949, resigned as vice chairman and director of the company. Said he: "I tried to give advice and counsel, but Henry and I still didn't agree, so I decided to get off the board." Frazer will hold his job as chairman of Graham-Paige Corp., an investment company, and will be president and chairman of Standard Uranium Corp., a new company in which he will be in business...

Author: /time Magazine | Title: PERSONNEL: Changes of the Week, Jan. 25, 1954 | 1/25/1954 | See Source »

...Willys Motors announced a new two-passenger sports car, the Kaiser Darrin 161, designed by Howard A. Darrin, who has done cars for Packard and Lincoln as well as custom cars for Rita Hayworth and Errol Flynn. Like Chevrolet's Corvette, the Darrin 161 has a plastic body that weighs but 300 lbs. (total weight: 2,175 lbs.). Powered by a six-cylinder, 90-h.p. engine, it has six forward speeds and doors that slide into the front fenders instead of opening outward. Factory list price...

Author: /time Magazine | Title: AUTOS: Buick's Bid | 1/11/1954 | See Source »

...homeland had soared and sunk through two great historical phases and entered a third. Two of these phases Konrad Adenauer had lived out in a routine of efficient ordinariness and relative obscurity. He was born (Jan. 5, 1876) in the age of Bismarck; he was already 42 when the Kaiser fell. Through the sad days of the Weimar Republic and the ugly early days of Naziism he was respected as veteran mayor of Cologne and a wily politician, until he was forced out of office by the Nazis, for whom he showed nothing but flinty scorn. Had he died...

Author: /time Magazine | Title: MAN OF THE YEAR: We Belong to the West | 1/4/1954 | See Source »

Despite all this, competition in 1954 will be fierce. Last year saw one big auto merger (Kaiser-Frazer and Willys), and heard rumors of another (Hudson and Nash); 1954 may bring more of the same as independents battle to keep their share of the market. Meanwhile, General Motors' Harlow Curtice plans to spend $300 million in expanding production...

Author: /time Magazine | Title: Business: A Keystone of the Free World | 1/4/1954 | See Source »

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